Inter-Mountain Republican | 1908-08-08 | Page 6 | Uncle Sam Declares Five-Cent Dividend

UN UNCLE lE SAM AM DECLARES FIVE CENT DIVIDEND Finding the affairs of ot th the company ln tn even better beter form torm than thal th they had an nn- directors of ot the thc Undo Uncle Sam C Consolidated Mining company yesterday yester yester- day a posted pOled a a. I dividend of 6 5 I cents a 3 har making a a. 0 total of ot It I Is hi payable pable August 20 20 th the tho books closing cia clos ing In August 14 and reopening on en cosIn cos- cos the Oth It I had hac been ret determined before before be bo- fore toro tho the meeting was held heM to declare a cent 4 dividend there being belm in tho the treasury enough mone money to at that rate rate hold bold In reserve the tho amount of oC ono one months month's dividend But upon hearing reports from the tho mine and sizing up tho the i generally It I was 18 regarded afo to resume distributing profits at nt atthe atthe the te rate rato of ot 5 cents a a. I share Present indications are that tha that rate rte can an be maintained indefinitely Even before boton new nen bd body of ot high grade grado was M encountered the tho condition of oC the tho mine was wan b better t r than tn ever before tore and anti antinow now wih with a a. Con considerable tonnage of ot ore oreIn oreIn orein In sight eight that ner averages u SOO n a ton and better boter tho the mines mine's earning carine c capacity Is given shen a n decided Impetus With this thin months month's distribution Undo Uncle Un Un- cle do lo Sam will 1 have ha paid In all ni 2600 26 2000 2 00 In dIvidends dividend but It has hal never ne before before be be- fore tore paid at a n rate In excess of ot 3 cents a 0 share hat a month Its It last previous tr- tr pre pre- dividend nd made mado in vou l dl p payment ent was wan December 1907 On November No 15 1 it I was wa notified by the United Unie States Smelting company to discontinue shippIng shipping ship ship- ping ore to Its It plant which was dosed closed coe t by court Injunction No o further shipments shipments ship ship- ments were made from the te mine until I 1 June 18 1 of ot this year Mr but In the In Interim Interim In- In term a a. I good goo r record cord was as made in development development de de- de- de accomplished hed